John Rampton says, “When customers make a purchase from your online storefront can they trust you to protect their credit card information? If not, why would they continue to support your business? That’s why ensuring that your customers’ payment data should always be a priority. When customers trust you, it will ultimately benefit your bottom line.

For small business owners, that may seem overwhelming and complicated, but it’s actually easier than you may think by following these 8 security tips when accepting online payments.

1. Be compliant with PCI-DSS.

PCI-DSS is a collection of compliance regulations that are mandated by the Payment Card Industry Security Standards Council. If you accept, process, store, or transmit credit card data then these regulations apply to you in order to ensure that your customers’ payment information is kept safe and secure.

One of the biggest headaches that PCI-DSS gives business owners is that they can be complex – especially if you don’t have IT specialists on-hand. At the very least, being compliant with PCI-DSS means you must undergo an on-site data security assessment annually, such as using of SSL authentication on your website and Secure Sockets Layer (SSL)”.

8 Security Tips for Small Businesses Accepting Online Payments in 2017

Entrepreneur

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